Sep 28 2009
The Long Lost City of Detroit: The Economic and Financial Pain of Motor City. How Detroit went from 1.8 Million to 912,000 Residents. 28.9 Percent Unemployment.
There is no other city in the United States that highlights the Achilles Heel of the current financial crisis like Detroit Michigan. Detroit Michigan had a booming population from 1870 to 1950. In 1870 Detroit had 79,577 residents and in 1950 Detroit had a stunning 1.8 million. The massive boom came with the growth of [...]
Feb 22 2008
Sharper Image out of Focus in Current Economy
Sharper Image, the high end uber gadget seller, recently filed for bankruptcy under Chapter 11. Another sign that the times are now changing as reported by the New York Times:
“The San Francisco-based company, which specializes in massage chairs, robots and other quirky gadgets, said it plans to close half of its 184 U.S stores [...]
